NBN executives eye bonuses despite government pay crackdown

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NBN executives eye bonuses despite government pay crackdown
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The $51 billion taxpayer-funded organisation will reveal its corporate plan today but will not produce its annual report, which includes details of executive bonuses, until later next month | JennieDuke

to its executive team as the nation faced a spike in unemployment amid the worst recession in more than 90 years following the global outbreak of COVID-19.

In August, NBN Co said it had exceeded its corporate plan 2020-23 targets for the 2020 financial year, including connecting 230,000 more premises to the network than required. More than 11.7 million homes and businesses were ready to connect by June 30 and 7.3 million were connected.

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